vs
Workday, Inc.（WDAY）与Zscaler, Inc.（ZS）财务数据对比。点击上方公司名可切换其他公司
Workday, Inc.的季度营收约是Zscaler, Inc.的3.1倍（$2.4B vs $788.1M），Workday, Inc.净利率更高（10.4% vs -1.5%，领先11.8%），Zscaler, Inc.同比增速更快（25.5% vs 12.6%），Workday, Inc.自由现金流更多（$550.0M vs $431.0M），过去两年Zscaler, Inc.的营收复合增速更高（22.5% vs 12.5%）
Workday是全球领先的企业级云软件供应商，核心产品覆盖人力资本管理、财务管理及企业资源规划解决方案，主要服务教育、医疗、金融、科技等行业的中大型机构，业务遍布北美、欧洲、亚太等全球主要市场。
Zscaler是总部位于美国加利福尼亚州圣何塞的云安全企业，专注提供云原生安全服务，为全球各行业企业的网络系统与数据资产提供全方位防护，助力企业在数字化运营过程中抵御各类安全风险，保障业务稳定开展。
WDAY vs ZS — 直观对比
营收规模更大
WDAY
是对方的3.1倍
$788.1M
营收增速更快
ZS
高出12.9%
12.6%
净利率更高
WDAY
高出11.8%
-1.5%
自由现金流更多
WDAY
多$119.0M
$431.0M
两年增速更快
ZS
近两年复合增速
12.5%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.4B | $788.1M |
| 净利润 | $252.0M | $-11.6M |
| 毛利率 | — | 76.6% |
| 营业利润率 | 10.6% | -4.6% |
| 净利率 | 10.4% | -1.5% |
| 营收同比 | 12.6% | 25.5% |
| 净利润同比 | 30.6% | 3.6% |
| 每股收益（稀释后） | $0.94 | $-0.07 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收WDAYZS
| Q4 25 | $2.4B | $788.1M | ||
| Q3 25 | $2.3B | $719.2M | ||
| Q2 25 | $2.2B | $678.0M | ||
| Q1 25 | $2.2B | $647.9M | ||
| Q4 24 | $2.2B | $628.0M | ||
| Q3 24 | $2.1B | $592.9M | ||
| Q2 24 | $2.0B | $553.2M | ||
| Q1 24 | $1.9B | $525.0M |
净利润WDAYZS
| Q4 25 | $252.0M | $-11.6M | ||
| Q3 25 | $228.0M | $-17.6M | ||
| Q2 25 | $68.0M | $-4.1M | ||
| Q1 25 | $94.0M | $-7.7M | ||
| Q4 24 | $193.0M | $-12.1M | ||
| Q3 24 | $132.0M | $-14.9M | ||
| Q2 24 | $107.0M | $19.1M | ||
| Q1 24 | $1.2B | $-28.5M |
毛利率WDAYZS
| Q4 25 | — | 76.6% | ||
| Q3 25 | — | 76.1% | ||
| Q2 25 | — | 77.0% | ||
| Q1 25 | — | 77.1% | ||
| Q4 24 | — | 77.5% | ||
| Q3 24 | — | 78.0% | ||
| Q2 24 | — | 78.6% | ||
| Q1 24 | — | 77.7% |
营业利润率WDAYZS
| Q4 25 | 10.6% | -4.6% | ||
| Q3 25 | 10.6% | -4.5% | ||
| Q2 25 | 1.7% | -3.7% | ||
| Q1 25 | 3.4% | -6.2% | ||
| Q4 24 | 7.6% | -4.9% | ||
| Q3 24 | 5.3% | -4.5% | ||
| Q2 24 | 3.2% | -0.5% | ||
| Q1 24 | 4.1% | -8.7% |
净利率WDAYZS
| Q4 25 | 10.4% | -1.5% | ||
| Q3 25 | 9.7% | -2.4% | ||
| Q2 25 | 3.0% | -0.6% | ||
| Q1 25 | 4.3% | -1.2% | ||
| Q4 24 | 8.9% | -1.9% | ||
| Q3 24 | 6.3% | -2.5% | ||
| Q2 24 | 5.4% | 3.5% | ||
| Q1 24 | 61.8% | -5.4% |
每股收益（稀释后）WDAYZS
| Q4 25 | $0.94 | $-0.07 | ||
| Q3 25 | $0.84 | $-0.11 | ||
| Q2 25 | $0.25 | $-0.03 | ||
| Q1 25 | $0.34 | $-0.05 | ||
| Q4 24 | $0.72 | $-0.08 | ||
| Q3 24 | $0.49 | $-0.09 | ||
| Q2 24 | $0.40 | $0.12 | ||
| Q1 24 | $4.48 | $-0.19 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $6.8B | $1.3B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $8.9B | $2.0B |
| 总资产 | $17.8B | $6.5B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资WDAYZS
| Q4 25 | $6.8B | $1.3B | ||
| Q3 25 | $8.2B | $2.4B | ||
| Q2 25 | $8.0B | $2.0B | ||
| Q1 25 | $8.0B | $1.8B | ||
| Q4 24 | $7.2B | $1.6B | ||
| Q3 24 | $7.4B | $1.4B | ||
| Q2 24 | $7.2B | $1.3B | ||
| Q1 24 | $7.8B | $1.4B |
总债务WDAYZS
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $1.1B | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | — | $1.1B | ||
| Q2 24 | $3.0B | $1.1B | ||
| Q1 24 | $3.0B | $1.1B |
股东权益WDAYZS
| Q4 25 | $8.9B | $2.0B | ||
| Q3 25 | $9.2B | $1.8B | ||
| Q2 25 | $8.9B | $1.8B | ||
| Q1 25 | $9.0B | $1.6B | ||
| Q4 24 | $8.6B | $1.4B | ||
| Q3 24 | $8.3B | $1.3B | ||
| Q2 24 | $8.2B | $1.1B | ||
| Q1 24 | $8.1B | $958.9M |
总资产WDAYZS
| Q4 25 | $17.8B | $6.5B | ||
| Q3 25 | $18.0B | $6.4B | ||
| Q2 25 | $17.2B | $5.3B | ||
| Q1 25 | $18.0B | $5.0B | ||
| Q4 24 | $16.4B | $4.7B | ||
| Q3 24 | $16.2B | $4.7B | ||
| Q2 24 | $15.9B | $4.2B | ||
| Q1 24 | $16.5B | $3.9B |
负债/权益比WDAYZS
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 0.64× | ||
| Q1 25 | — | 0.71× | ||
| Q4 24 | — | 0.80× | ||
| Q3 24 | — | 0.90× | ||
| Q2 24 | 0.37× | 1.04× | ||
| Q1 24 | 0.37× | 1.19× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $588.0M | $448.3M |
| 自由现金流经营现金流 - 资本支出 | $550.0M | $431.0M |
| 自由现金流率自由现金流/营收 | 22.6% | 54.7% |
| 资本支出强度资本支出/营收 | 1.6% | 2.2% |
| 现金转化率经营现金流/净利润 | 2.33× | — |
| 过去12个月自由现金流最近4个季度 | $2.6B | $924.9M |
8季度趋势，按日历期对齐
经营现金流WDAYZS
| Q4 25 | $588.0M | $448.3M | ||
| Q3 25 | $616.0M | $250.6M | ||
| Q2 25 | $457.0M | $211.1M | ||
| Q1 25 | $1.1B | $179.4M | ||
| Q4 24 | $406.0M | $331.3M | ||
| Q3 24 | $571.0M | $203.6M | ||
| Q2 24 | $372.0M | $173.4M | ||
| Q1 24 | $995.6M | $142.1M |
自由现金流WDAYZS
| Q4 25 | $550.0M | $431.0M | ||
| Q3 25 | $588.0M | $190.6M | ||
| Q2 25 | $421.0M | $138.9M | ||
| Q1 25 | $1.0B | $164.4M | ||
| Q4 24 | $359.0M | $314.3M | ||
| Q3 24 | $516.0M | $154.2M | ||
| Q2 24 | $291.0M | $137.8M | ||
| Q1 24 | $947.6M | $111.2M |
自由现金流率WDAYZS
| Q4 25 | 22.6% | 54.7% | ||
| Q3 25 | 25.0% | 26.5% | ||
| Q2 25 | 18.8% | 20.5% | ||
| Q1 25 | 46.4% | 25.4% | ||
| Q4 24 | 16.6% | 50.1% | ||
| Q3 24 | 24.7% | 26.0% | ||
| Q2 24 | 14.6% | 24.9% | ||
| Q1 24 | 49.3% | 21.2% |
资本支出强度WDAYZS
| Q4 25 | 1.6% | 2.2% | ||
| Q3 25 | 1.2% | 8.3% | ||
| Q2 25 | 1.6% | 10.6% | ||
| Q1 25 | 3.9% | 2.3% | ||
| Q4 24 | 2.2% | 2.7% | ||
| Q3 24 | 2.6% | 8.3% | ||
| Q2 24 | 4.1% | 6.4% | ||
| Q1 24 | 2.5% | 5.9% |
现金转化率WDAYZS
| Q4 25 | 2.33× | — | ||
| Q3 25 | 2.70× | — | ||
| Q2 25 | 6.72× | — | ||
| Q1 25 | 11.83× | — | ||
| Q4 24 | 2.10× | — | ||
| Q3 24 | 4.33× | — | ||
| Q2 24 | 3.48× | 9.07× | ||
| Q1 24 | 0.84× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
WDAY
| Subscription Services | $2.2B | 92% |
| Professional Services | $188.0M | 8% |
ZS
暂无分部数据
